Tuesday, July 06, 2010

Financial News

by Russ Cooper
Financial Director
In the midst of a national recession in 2009, God proved His faithfulness to IOI with our best year ever financially. For the first time in our eleven-year history, we finished the year with over $200,000 in donations - to God be the glory! That was enough to support 38 ministers in Ethiopia, 2 in Brazil, 1 in Germany, 3 in our US office, and over 100 children in the TLC program. We also added three new ministers in Ethiopia and saw the number of children sponsored through TLC grow significantly. (For more financial details go to ioiusa.org and download our 2009 financial statement.)
So far 2010 is looking to be a good year for us as well, with two amazing trips to Ethiopia already taken and many other ministry opportunities still to come. In addition, we have had some great meetings in churches and homes, and have made a lot of new friends as we have had opportunities to share about this amazing ministry. We would love the opportunity to share with your church or small group about what God is doing. See our calendar on the opposite page and call us to set up a date.
Of course, there are always needs and our greatest needs financially right now are two-fold:

1. We need more sponsors for the TLC project! Ayele is supporting over 100 children on the support received for 85.
2. We need donors to support the CORE fund so that we can continue to pay the bills here and move into an adequate office.

Thank you so much for your support and prayers. It is truly a pleasure to serve with you.

No comments: